[Christian Harris]

Cathie Wood’s ARK Innovation ETF (ARKK) experienced a remarkable 30% surge following the reelection of former President Donald Trump.

This impressive performance was primarily driven by a staggering 70% rally in Tesla’s stock, which remains a cornerstone of the fund.

The market reacted positively to expectations of a deregulation-friendly environment under the renewed Trump administration, further boosting investor confidence in innovation-focused equities.

However, despite this significant uptick in performance, ARKK encountered $3 billion in outflows during 2024, reflecting lingering investor caution or profit-taking.

Among its portfolio, key holdings such as Coinbase saw robust gains, benefiting from increased confidence in the cryptocurrency sector.

Conversely, some stocks, like Roku, continued to face challenges, struggling to recapture their valuations from the peak of the pandemic-era market frenzy.

The contrasting fortunes of ARKK’s holdings underscore the complexities of navigating a volatile and rapidly evolving market environment, even as Cathie Wood’s fund remains a beacon for growth-oriented investors betting on transformative technologies.

Data: eToro

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[Norman]

Sure, it might be doing okay right now, but I’ve got no time for Cathie Wood. She got lucky during the Covid rally when everything was shooting up, but it’s obvious she has no idea what she’s doing. She dumped Nvidia before it took off, got lucky with Tesla, and her funds have been a disaster over the past few years. All she does is make these wild, speculative bets on “innovative” stocks. I don’t trust her at al. She’s lost more money for people than almost anyone I can think of. I actually just Googled it and that number stands at $14.3 billion according to analysis from Morningstar.

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